Energy agency announces $475M in funding for clean energy projects on mine land sites

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The Biden administration has announced up to $475 million in federal funding for clean energy projects on current or former mine land sites. The U.S. Department of Energy announced Thursday that the projects will be in five states. They include the political battleground states of Pennsylvania, Arizona and Nevada.

Rye Development CEO Paul Jacob talks about his company’s plans to build a $1.3 billion coal-to-pumped storage hydropower facility as Gov. Andy Beshear looks on during a news conference, Thursday, March 21, 2024 in Frankfort, Ky. Jacob says the project will create about 1,500 construction jobs and 30 operations jobs once the facility is operational.

“Workers and communities that powered our country for the last 100 years deserve the chance to power us for the next 100 and beyond,” Deputy Energy Secretary David Turk said in a press call Wednesday.Climate, a major separator for Biden and Trump, is a dividing line in many other races, tooEnergy and climate policies have emerged as flash points in this year’s presidential race between Biden and Republican former President Donald Trump.

Coal employment numbers in Kentucky have fallen sharply over the last decade as demand for coal has declined. Kentucky employed about 4,700 mine workers at the end of 2023, including about 2,700 in underground mines, compared to nearly 12,000 total miners in 2013, according to numbers provided by the state.

Source: Energy Industry News (energyindustrynews.net)

 

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